Last Updated on September 15, 2022 by admin
Selling a house in the United States right now can be quite difficult. The real estate market is growing hotter daily. There is so much competition out there in the market that it seems almost impossible to sell your property without paying a huge amount of money to the real estate agents. But what if you are in a hurry to sell your property?
Selling your house and taking the traditional process can be very lengthy. You might think that if you do not sell your house through an agent, you might not get the best value for your property. But is that true?
In today’s world when everything is possible through the internet, do you think selling your house would be that difficult? You can always enlist your house on various iBuyer websites and find a huge amount of potential buyers approaching you. You can save yourself the effort of cleaning your house every time a buyer wants to see it, all you need to do is make your house look presentable before clicking the pictures. Once you upload these pictures on the website, only the buyers who are looking forward to buying your property will visit your house. But how will you understand which iBuyer website is the best suited for you? For that, you have to go through various ibuyer reviews.
Here I will be giving you the top 5 iBuyer reviews so that you can easily find companies that buy houses for cash in the whole of America.
What Is an iBuyer?
The iBuyer websites help a seller find a suitable buyer for their property. The “I” in the “iBuyer” stands for “instant” buyer. But why are these so famous? iBuyer websites are most famous among people who want to sell their houses. They want to get cash in return as soon as possible. Such people are in desperate need of money. iBuyer helps such people to sell their houses quickly and make sure the seller receives the money within 24 to 48 hours.
You can sell your property within 2 weeks. This process is also hassle-free. All you need to do is enlist your property on a suitable iBuyer website. As soon as you do that, you will find sellers approaching you. You can then make your deal and sell your property.
iBuyer Companies: Pros And Cons
To understand whether you should sell your property on iBuyer websites, you must know the pros and cons of iBuyers. Only then will you be able to make an informed decision. They are –
Pros –
- Fast and hassle-free process – When you sell your property on iBuyer websites, you get to sell your property fast without having to go through any hassle. Enlist your property on the website, talk with the buyers, make a deal and sell your house. It is as simple as that.
- Certainty – Once you enlist your house on the iBuyer website, you can expect buyers to approach you within a few days. It is much faster than the traditional way of selling property.
- No extra cost – While selling your house on iBuyer websites, you do not need to worry about the MLS fees or agent’s commission. You can save a lot of bucks when you choose to sell your property via iBuyer websites.
Cons –
- Non-negotiable cash offers – The problem with such websites is that you cannot expect a great deal from here. When you expect the buyer to pay you the whole money in cash and also want to sell your property asap, you might not get the actual market value of your house. You can expect to get 80% to 90% of your property’s market value.
- Limited coverage – iBuyers are not available across all the states of America. So if you stay in the remote part of the US, you will not be able to sell your house through such websites.
Top 5 iBuyer Reviews
Here is a list of the top 5 iBuyer companies that buy houses for cash in Atlanta and some other parts of America –
Houzeo.com – If you want to enlist your house on MLS, then you must choose Houzeo.com. It is the most popular MLS listing service out there that provides you with affordable options and gives your property maximum exposure. Remember, all the cash buyers loom for properties on such websites, and listing your house on this particular one would help you get the best deals for your house. When thinking of how to list on MLS you can look up to Houzeo because when you list your house here, it also shows your property on other websites like Zillow, Realtor.com, Trulia, etc.
Simple Sale – This is a network of cash buyers where you can sell your house in no time. You can expect your property to be sold within 10 days. You do not even need to spend your money on repairing the house, rather you can sell it without even having to pay any commission to the agent.
Opendoor – If you want to sell your house in Atlanta, LA, Las Vegas, and 50 other such metropolitan cities, Opendoor could be the one for you. This website will help you to sell your house very quickly and charge you no more than 5% of your property’s sale price.
Offerpad – Another great iBuyer website that makes your work easier. All you are to do is answer a questionnaire and all the information about your property will be up on the website in 5 mins. Although, the charges could go out from 4% to 7%.
RedfinNow – If you’re looking for an instant offer on your property, you can also choose RedfinNow. It also arranges for a home inspection. If your sale closes before you vacate your house, you can also pay rent and keep using it for 29 to 60 days.
Alternatives to Sell Your Home
iBuyers are not available in all parts of the US. So if you are looking for alternatives, here are some for you –
MLS – Another way to sell your house is to contact a local agent and get your property listed on MLS. You will also find much better deals here.
“We Buy Houses for Cash” companies – It does not matter what house you are trying to sell, if you are in desperate need of cash, you can approach these companies. Although, you might get a deal much lesser than the actual market value of your property.
So, if you are trying to sell your house, there are a lot of options available to you. Do your research about every option available to you and choose the one best suited for you.
